 |
|
 |  |  |  |
The expected move by the Lord Chancellor to change the Discount Rate which is used to calculate compensation payments could see insurance premiums increase for millions, the Association of British Insurers warned today. |
Liz Truss has committed to announcing the result of a review into the rate by the end of February. Director General of the ABI, Huw Evans, said: “This is an unnecessary review being carried out using a broken and outdated formula that does not reflect how claimants actually invest the money they receive. Millions of customers could see their premiums increase unnecessarily if Liz Truss continues down this path.” The discount rate is a figure used to calculate lump sum payments for people who suffer a severe personal injury, taking into account what return they are likely to receive when the sum is invested. It has been set at 2.5% since 2001. Find out more about the Discount Rate here. |
|
|
|
| Specialty GI Pricing Leader | ||
| London - Negotiable | ||
| Senior Life Actuarial Assoc or Direct... | ||
| Bermuda - Negotiable | ||
| Health Insurance Manager | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Principal Actuary - Bermuda | ||
| Bermuda - Negotiable | ||
| GI Pricing Analyst | ||
| Wales / hybrid 2dpw in the office - Negotiable | ||
| International Investment Manager | ||
| Bermuda - Negotiable | ||
| Financial Risk Leader - Bermuda | ||
| Bermuda - Negotiable | ||
| Risk Transfer Consultant | ||
| Any UK Office location / Hybrid working, 2 days p/w in office - Negotiable | ||
| Senior Life Actuarial Analyst | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Investment Manager - Credit Risk & Re... | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Actuarial Project Manager | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Senior Associate - Trustee Pensions | ||
| South East / hybrid 1-2dpw office-based - Negotiable | ||
| STAR EXCLUSIVE: BPA Pricing Actuaries | ||
| Flex / hybrid 2-3 dpw office-based - Negotiable | ||
| Ceded Re Pricing Actuary | ||
| London - £150,000 Per Annum | ||
| Senior Actuary | ||
| London - £180,000 Per Annum | ||
| Financial Reporting in Reinsurance | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Home Insurance Director | ||
| North West/Hybrid - £140,000 Per Annum | ||
| Head of Long-tail Global | ||
| UK/USA - £200,000 Per Annum | ||
| Challenge the pensions industry! | ||
| UK Flex / hybrid 2dpw office-based - Negotiable | ||
| Pensions Data Science Actuary | ||
| Offices UK wide, hybrid working - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
